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LoanSafe.org is America's #1 mortgage website for consumers since 2007. Free mortgage help for first time home buyers, and homeowners looking to refinance, or need a loan modification, short sales and more! For immediate assistance, please call 1-800-779-4547.

Erik Sandstrom

Senior Loan Officer

If you are looking for a great mortgage with the best rates, please give me a call at 619-379-8999.

Current mortgage rates this Tuesday at the nation's top lenders are mostly mixed with some lenders lowering rates on various loan programs. The national average for the 30 year fixed is averaging 3.69%, and the 15 year fixed is 2.97%. The 5 year ARM 2.92%, and the 1... read more

The Massachusetts Attorney General Maura Healey’s Office announced today it has launched a webpage to assist eligible homeowners with information in regard to the $2.7 million settlement with four national banks resolving allegations of unlawfully foreclosing on... read more

“Your Home Loan Toolkit” Will Help Consumers Be Informed Mortgage Shoppers (Source: CFPB) WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a new toolkit that guides consumers through the process of shopping for a mortgage and buying a... read more

(Source: SIGTARP) - Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, today announced that Jonathan L. Herbert, age 36, of Lighthouse... read more

The weekly report for mortgage rates at the nation's top lenders are mostly down. As I mentioned yesterday, these low rates and good weather had caused U.S. mortgage applications to rise this past week. Freddie Mac’s Primary Mortgage Market Survey released... read more

The Consumer Financial Protection Bureau (CFPB) announced today that they are considering plans to put an end to "payday debt traps" by requiring lenders to help make sure borrowers can repay their loans. The CFPB is also proposing to restrict how lenders can collect... read more

The United States Department Of Justice (USDOJ) announced this week that a Missouri woman who operated a real estate business was sentenced to federal prison for a $5 million mortgage fraud scheme. Teresa Jean Whitten, 41, of Claycomo, was sentenced to six years by... read more

The current national average for mortgage rates this week are on a major downward trend. Rates are at their lowest levels since February, causing the number of U.S. home loan applications to also go up this past week. Freddie Mac's most recent rate survey shows that... read more

Under the current bankruptcy code, in a Chapter 13 bankruptcy, homeowners may be able to discharge their debts on underwater second mortgages. Section 506(d) of the code says that if “a lien secures a claim against a debtor that is not an allowed secured claim, such... read more

As weekly average fixed mortgage rates move down again across the board to their lowest levels since February, the number of U.S. home loan applications rose this past week. Two great indicators that we are moving into a robust season for home buying, and refinance... read more

Mortgage rates at the nation’s top lenders are down big time for this Wednesday. This downward trend has happened all week and I smell a mini refinance boom in the spring time air. The national average for the 30 year fixed is 3.78%, and the 15 year fixed average... read more

The Federal Trade Commission (FTC) said today that the Austin, Texas-based Home Relief Foundation, Inc. and its two owners have settled charges with the FTC for illegally charging consumers up-front fees for loan modification services. The owners were John... read more

The FBI announced yesterday that former North Miami Mayor, Marie Lucie Tondreau, a/k/a “Lucie Tondreau,” was sentenced to 65 months’ in prison, followed by five years of supervised release by U.S. District Judge Robert N. Scola for her participation in a... read more

The the National Association of Home Builders (NAHB) said today that new home construction sales rose 7.8% in February which was the highest numbers since February 2008. The seasonally adjusted annual rate is at 539,000 units. Current inventory of new homes for sale... read more

The current national weekly average for conforming mortgage and ARM loan rates are at a six week low. The nation's top lenders are all offering the 30 year fixed mortgage right around the 3.625% - 3.75% range. As we head into the spring time, it looks like these low... read more

The United States Department of Justice (USDOJ) recently announced that a 63-year-old real estate agent from Red Oak, Texas was sentenced to 33 months in federal prison for his role in a mortgage fraud scheme, U.S. Attorney John M. Bales said. King pleaded guilty to... read more

Here is a great article from the Federal Reserve Bank of San Francisco research department on a study of bank lending and how the expansion in credit over the last 50 years or so had caused the ratio to GDP to have quadrupled in advanced economies. A dramatic growth... read more

The nation's top lenders are reporting rates as mostly mixed, with some loan programs that have moved down, and other loan programs which have remained stable since our last report on Friday. The current national weekly average for conforming mortgage and ARM loan... read more

Two weeks ago we reported that two Southern California men from the Inland Empire were arrested in an alleged massive loan modification scam that resulted in victims losing over $44 million dollars. The two people taken into custody were disbarred California attorney,... read more